My sister is looking for advice on how to make the most out of $2000 in a month. She has ideas for active trading. Buy and sell on the same day and even if the stocks gain .20 per share she will be happy.

Can anyone advice a better way to make some $ without risking money?, I personally think trading is not a better idea because of all the fees+commission she wouldn't make much. She is a homemaker and trying to lend some hand to her husband. She is looking to make atleast $250 a month with the $2000. I am an amature when it comes to investing.Edit by Moderator: Thank you for participating in the forums. However, this topic has been covered in a recent post Here.

vajjas1 said: [Q]My sister is looking for advice on how to make the most out of $2000 in a month. She has ideas for active trading. Buy and sell on the same day and even if the stocks gain .20 per share she will be happy.

Can anyone advice a better way to make some $ without risking money?, I personally think trading is not a better idea because of all the fees+commission she wouldn't make much. She is a homemaker and trying to lend some hand to her husband. She is looking to make atleast $250 a month with the $2000. I am an amature when it comes to investing.

With $2000 total capital or $2000 per month?

If it's $2000 total, earning $250 per month would get you $3000 per year or an 150% return (which is ridiculous).

LH2004

Frivolous Member

posted: Apr. 10, 2006 @ 11:45a

$250 a month on a $2000 investment is a return of 12.5% per month, or about 310% APR. There is absolutely no way to do that without taking quite extreme risks.

durin

Senior Member

posted: Apr. 10, 2006 @ 11:46a

There is no way to make 12.5% a month with no risk of losing money... this sounds like a terrible idea to me and she would be better off getting a part time job if she wants to help out.

Luniz97

Senior Member - 1K

posted: Apr. 10, 2006 @ 11:47a

you can do it with equipment leasing

Economist

Senior Member - 3K

posted: Apr. 10, 2006 @ 11:54a

Open "check into cash" store.

The APR's there can be around 488% <img src="i/expressions/face-icon-small-smile.gif" border=0>

Or apply for the AMEX business cards - no investment required. If that's gone, try the gold card with 200 credit after paying (or pre-paying) taxes <img src="i/expressions/face-icon-small-smile.gif" border=0>

miserly

Water Pirate

posted: Apr. 10, 2006 @ 11:54a

surf HD, buy $2k worth of stuff, sell on eBay. only almost sure way to make $250/month.

Economist

Senior Member - 3K

posted: Apr. 10, 2006 @ 11:57a

You can try buying things for cash and selling them on eBay, making profits after rebates. It's possible to make that kind of money with $2000 spent per month - but she needs to keep good records, and visit FW hot deals more often <img src="i/expressions/face-icon-small-smile.gif" border=0>

Much less riskier than active trading, but does require work - but she could be just fine shopping for deals, especially since she doesn't have to take care of children, as it seems.

vajjas1 said: [Q]My sister is looking for advice on how to make the most out of $2000 in a month. She has ideas for active trading. Buy and sell on the same day and even if the stocks gain .20 per share she will be happy.

Can anyone advice a better way to make some $ without risking money?, I personally think trading is not a better idea because of all the fees+commission she wouldn't make much. She is a homemaker and trying to lend some hand to her husband. She is looking to make atleast $250 a month with the $2000. I am an amature when it comes to investing.

Mailman

Enthusiastic Member

posted: Apr. 10, 2006 @ 12:02p

Have her sign up for one of those "stuffing envelopes at home" or "assembling products at home" ads you see in the back of tabloids. I hear some people involved with those programs are making thousands of dollars a month!

xpguy

Senior Member - 3K

posted: Apr. 10, 2006 @ 12:10p

vajjas1 said: [Q]My sister is looking for advice on how to make the most out of $2000 in a month. She has ideas for active trading. Buy and sell on the same day and even if the stocks gain .20 per share she will be happy.

you can't daytrade with $2000, and what happens if the stock loses .20 per share?

miserly said: [Q]surf HD, buy $2k worth of stuff, sell on eBay. only almost sure way to make $250/month.

I turn it in to more than $250 a month! But...it does take actual work and it looks like the OP isn't looking for something like that.

indi3

Greedy Member

posted: Apr. 10, 2006 @ 12:29p

miserly said: [Q]surf HD, buy $2k worth of stuff, sell on eBay. only almost sure way to make $250/month.

then you gotta post pictures

stokelys

Member

posted: Apr. 10, 2006 @ 12:30p

Put it all on the Steelers!

dcwilbur

Ancient Member

posted: Apr. 10, 2006 @ 12:31p

winter said: [Q]Invest the $2k in a boob job and then get a part-time job as a stripper.I think that's only enough for one boob. Do people pay to see that?

deleted_520004

New Member

posted: Apr. 10, 2006 @ 12:55p

I got it, it did sound stupid tog et $3000 out of $2000, i am assuming the maximum return she could get is 5% or 6% for FD's. Any other suggestion how to get most?

Lol i bet my sister would not appreciate if i tell her to get a boob job or better my brother in law will have me on his hit list....thanks guys

alex1432

Tired Member

posted: Apr. 10, 2006 @ 1:00p

26 Black is the answer to all your money issues <img src="i/expressions/face-icon-small-tongue.gif" border=0>

didYOUsearch

Cranky Member

posted: Apr. 10, 2006 @ 1:03p

miserly said: [Q]surf HD, buy $2k worth of stuff, sell on eBay. only almost sure way to make $250/month.probably THE BEST way mentioned thus far. And if she cant resell the stuff for a quick profit, she can return to the store for 100% refund.

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